Edibles Company Plans Major Expansion

Dixie Elixirs & Edibles is expanding outside its home market of Colorado and hopes to have its line of infused products available in at least five additional states by the end of the year.

Its parent company, Dixie Holdings LLC., has created a Delaware-based corporation called Dixie Brands Inc. to oversee the expansion.

The new company will create and oversee licensing agreements with local manufacturers in other states. The local manufacturers will license intellectual property and recipes from Dixie and then distribute the products to local dispensaries and retail establishments.

Dixie – which develops edibles, topicals and tinctures – is hoping to become one of the industry’s first national marijuana brands. Delaware is an ideal location to incorporate a business that operates across multiple states due to its favorable corporate tax laws.